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The literature on the relationship between the size of government and economic growth is full of seemingly contradictory findings. This conflict is largely explained by variations in definitions and the countries studied. An alternative approach - of limiting the focus to studies of the...
Persistent link: https://www.econbiz.de/10010320200
Inflexible labour markets combined with high welfare costs are often thought to be the main cause of low growth in Europe. This paper uses OECD data to assess the relative impact of regulation on differences in economic performance across countries since 1990. The impact of regulation is...
Persistent link: https://www.econbiz.de/10011435172
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10010334941
A number of cross-country comparisons do not find a robust negative relationship between government size and economic growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for rich countries with large public sectors. In this paper...
Persistent link: https://www.econbiz.de/10010335009
Economic performance in developed economies diverged in the nineties, with some countries enjoying high growth in output and accelerating growth in productivity. Ireland excelled in many respects and some Nordic European countries recovered from a serious crisis and successfully regained strong...
Persistent link: https://www.econbiz.de/10011435136